Café Domino Under Negotiation to Acquire Established Roaster with Rich History in New England
Star8 (OTCMARKETS: STRH), the maker of Café Domino, is in negotiations to acquire an established coffee roaster with a rich history in New England. This roaster has distribution across Connecticut, Massachusetts, New York, New Jersey, and Pennsylvania. The acquisition aims to strengthen Café Domino's nationwide footprint and scale operations significantly.
Café Domino currently serves over 350 accounts, including boutiques, grocery retailers, and large restaurant chains. Recent distribution deals will place their products in nearly 100 locations across Florida, with plans to reach an additional 120 supermarkets within the next year. The production capability of the roaster under acquisition is approximately 8 million tons of coffee annually.
Star8 (OTCMARKETS: STRH), produttore di Café Domino, è in trattative per acquisire un torrefattore di caffè affermato con una lunga storia nel New England. Questo torrefattore ha una distribuzione in Connecticut, Massachusetts, New York, New Jersey e Pennsylvania. L'acquisizione mira a rafforzare la presenza nazionale di Café Domino e a scalare significativamente le operazioni.
Café Domino attualmente serve oltre 350 clienti, tra cui boutique, rivenditori di generi alimentari e grandi catene di ristoranti. Recenti accordi di distribuzione porteranno i loro prodotti in quasi 100 sedi in Florida, con piani per raggiungere ulteriori 120 supermercati entro il prossimo anno. La capacità di produzione del torrefattore in fase di acquisizione è di circa 8 milioni di tonnellate di caffè all'anno.
Star8 (OTCMARKETS: STRH), el fabricante de Café Domino, está en negociaciones para adquirir un tostador de café establecido con una rica historia en Nueva Inglaterra. Este tostador tiene distribución en Connecticut, Massachusetts, Nueva York, Nueva Jersey y Pensilvania. La adquisición tiene como objetivo fortalecer la huella nacional de Café Domino y escalar significativamente las operaciones.
Café Domino actualmente atiende a más de 350 cuentas, incluyendo boutiques, minoristas de alimentos y grandes cadenas de restaurantes. Acuerdos de distribución recientes colocarán sus productos en casi 100 ubicaciones en Florida, con planes de llegar a otros 120 supermercados en el próximo año. La capacidad de producción del tostador bajo adquisición es de aproximadamente 8 millones de toneladas de café anualmente.
Star8 (OTCMARKETS: STRH), Café Domino의 제조사는 뉴잉글랜드에서 오랜 역사를 가진 커피 로스터를 인수하기 위해 협상 중입니다. 이 로스터는 코네티컷, 매사추세츠, 뉴욕, 뉴저지, 펜실베이니아 전역에 배급을 하고 있습니다. 이번 인수는 Café Domino의 전국적인 입지를 강화하고 운영을 크게 확장하는 것을 목표로 하고 있습니다.
Café Domino는 현재 350개 이상의 고객에게 서비스를 제공하고 있으며, 이는 부티크, 식료품 소매상 및 대형 레스토랑 체인을 포함합니다. 최근 배급 계약을 통해 그들의 제품이 플로리다의 거의 100개 장소에 배치되며, 향후 1년 내에 추가로 120개 슈퍼마켓에 도달할 계획입니다. 인수될 로스터의 생산 능력은 연간 약 800만 톤의 커피입니다.
Star8 (OTCMARKETS: STRH), le fabricant de Café Domino, est en négociations pour acquérir un torréfacteur de café établi avec une riche histoire en Nouvelle-Angleterre. Ce torréfacteur a une distribution dans le Connecticut, le Massachusetts, New York, le New Jersey et la Pennsylvanie. L'acquisition vise à renforcer l'empreinte nationale de Café Domino et à augmenter considérablement les opérations.
Café Domino sert actuellement plus de 350 comptes, y compris des boutiques, des détaillants d'épicerie et de grandes chaînes de restaurants. Des accords de distribution récents placeront leurs produits dans près de 100 lieux en Floride, avec des projets d'atteindre 120 supermarchés supplémentaires au cours de l'année prochaine. La capacité de production du torréfacteur en cours d'acquisition est d'environ 8 millions de tonnes de café par an.
Star8 (OTCMARKETS: STRH), der Hersteller von Café Domino, befindet sich in Verhandlungen zur Übernahme eines etablierten Kaffeeröstereibetriebs mit einer reichen Geschichte in Neuengland. Diese Rösterei verfügt über Vertriebswege in Connecticut, Massachusetts, New York, New Jersey und Pennsylvania. Die Übernahme zielt darauf ab, die nationale Präsenz von Café Domino zu stärken und die Betriebe erheblich auszubauen.
Café Domino bedient derzeit über 350 Kunden, darunter Boutiquen, Lebensmittelhändler und große Restaurantketten. Jüngste Vertriebsvereinbarungen werden ihre Produkte in nahezu 100 Standorten in Florida platzieren, mit dem Ziel, im nächsten Jahr zusätzlich 120 Supermärkte zu erreichen. Die Produktionskapazität der Rösterei, die übernommen wird, beträgt etwa 8 Millionen Tonnen Kaffee pro Jahr.
- Potential acquisition of an established roaster with distribution across five states
- Current service to over 350 accounts, including boutiques, grocery retailers, and large restaurant chains
- Expansion plans to reach 100 locations in Florida and additional 120 supermarkets within a year
- Acquisition target has production capability of 8 million tons of coffee annually
- None.
Pino Impagliazzo, Chief Executive Officer of Café Domino, remarked, "This acquisition is a testament to our dedication to strengthening our footprint nationwide. With this integration, we aim to scale our operations significantly. Deeply rooted in the rich Italian and Latin coffee cultures, we have learned the importance of quality, authenticity, and the shared experience that coffee brings. By acquiring this roaster, we are excited to infuse these cultural influences into new markets, ensuring that the passion and flavor of Café Domino reach even more people."
Café Domino, known for its ground, whole bean, and coffee pod products, currently serves over 350 accounts, including boutiques, grocery retailers, and large restaurant chains. Recent distribution deals will place Café Domino products in nearly 100 locations across
"In just a few years, Café Domino has secured over 350 accounts and is in an aggressive growth stage with the goal to become the coffee of choice nationwide," added Impagliazzo. "The production capability of the roaster is approximately 8 million tons of coffee annually." Further Stated Pino Impagliazzo
About the Coffee Culture in New England:
New England boasts a vibrant coffee culture with deep historical roots. Coffee houses in cities like
About Star8 Corporation:
Star8 Corporation is a diversified holding company with interests in a wide range of industries. Café Domino, one of its flagship brands, specializes in the sale and distribution of high-quality, freshly roasted coffee beans. Our products are sourced from all over the world, enabling us to provide customers with a wide selection of coffees that are sure to suit all tastes. We are passionate about coffee and take pride in delivering the freshest and most flavorful products available.
Our dedication to providing quality products is demonstrated in our extensive selection of freshly roasted coffees, including single origin, specialty, and decaffeinated coffees. At Café Domino, we are committed to providing our customers with excellent service and competitive pricing. We are also dedicated to providing our customers with access to the finest selection of coffee beans, as well as the latest brewing and roasting technologies. We strive to make sure our customers enjoy the highest quality coffee, while ensuring that the environment is respected and protected.
Forward-Looking Statements
This press release contains forward-looking statements regarding our business, financial condition, and prospects, based on our current assumptions and beliefs. However, the company cannot guarantee that the expectations expressed in these forward-looking statements will be realized. There may be unforeseen risks and circumstances that we are unable to predict. While words such as "believes," "expects," "intends," "plans," "anticipates," "estimates," and similar expressions are used to identify forward-looking statements, there may be forward-looking statements that are not accompanied by such expressions. Investors should exercise caution when relying on these forward-looking statements, as they speak only as of the date of this press release. The company's actual results may differ materially from the anticipated results expressed in these forward-looking statements due to various factors, including risks discussed in the company's periodic reports filed with the Securities and Exchange Commission, available on its website (www.sec.gov (http://www.sec.gov/)). All forward-looking statements attributed to the company or individuals acting on its behalf are expressly qualified in their entirety by these factors, except as required under securities laws. The company assumes no obligation to update these forward-looking statements. Investors should refer to the risk factors disclosure outlined in our periodic reports filed from time to time with the Securities and Exchange Commission.
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SOURCE Star8 Corp
FAQ
What is the significance of Café Domino's potential acquisition for Star8 (STRH)?
How many accounts does Café Domino currently serve and what are its expansion plans?
What is the production capability of the roaster Café Domino is negotiating to acquire?
In which states does the New England roaster currently distribute its products?
